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RE: Are Tesla Shares Overvalued?
Incredible insights and connections you have drawn here. The way I look at the Amazon and Tesla valuations is that capitalism and the stock market are obsessed with short term gains. Critics need to step out of their boxes for a better view. Look just a little further down the road and you'll see something far greater than immediate gratification. Steem also is worth the wait!
Oh right! That reminds me of another thought I had the other day about this. Everyone assumes that all of the people who in invest in these companies and drive up the price are "all the stupid people." ... But what if it's the exact opposite? It's all the smart people. People who DO have long term vision. There's no way to know, but I think that's exactly what's going on. Great point, thanks for commenting DP!